Payments Co-pilot
THE PROBLEM
The problem it is solving
Absence of AI-led cash outflow optimizations:
A solution where payment timings are decided intelligently based on discounts, penalties, cost of capital and vendor criticality. A solution where payments are reconciled and tracked against invoices automatically through bank transactions.
THE SOLUTION
Payments Co-pilot
Optimizes payment timings and methods by analyzing cash flow forecasts, vendor payment terms, discount opportunities, and late payment penalties to ensure timely and cost-effective payments.
Payments are reconciled against invoices automatically.
Facilitates ACH and check printing, including traceability of transactions and checks.
Processes faster payment approvals based on pre-configured workflows.
10%
Cash outflow
Co-pilot optimizes payment timings and methods, analyzing payment terms, discounts, penalties and, cost of capital
Vendor satisfaction
Vendors have higher satisfaction as they know real-time status of invoice processing and payments
Auditability
Human errors
Approvals
Reconciliations & other KPIs
VALUE PROPOSITION
Why Hyperbots Payments
Co-Pilot?
Hyperbots Payments Co-pilot automates payment processing with features like timing recommendations, approval workflows, and multi-method support (ACH, checks, wire transfers), ensuring secure, efficient, and compliant financial operations.
Key Functional Capabilities of Hyperbots Payments Co-Pilot
Payment timing recommendation for early payment discounts
Hyperbots Payments Co-pilot optimizes payment timing by analyzing discounts, terms, cost of capital, and vendor relationships to maximize financial benefits and strengthen partnerships.
Payment timing recommendations for penalty cases
Hyperbots Payments Co-pilot optimizes late payment decisions by analyzing penalties, cost of capital, and vendor relationships to balance cost savings and trust.
Payment approvals and flexible workflow
Hyperbots Payments Co-pilot enables secure, flexible payment approvals with configurable workflows, real-time cash visibility, and distinct processes for senior finance executives.
Payment processing for ACH
Hyperbots Payments Co-pilot automates secure ACH file generation with bank-specific formats, authorized access, and audit trails for efficient payment processing.
Payment processing for checks
Hyperbots Payments Co-pilot automates check payments with customizable templates, secure handling, flexible printing options, and detailed audit trails for accountability.
Payment processing for other methods
Hyperbots Payments Co-pilot supports wire transfers, credit cards, and digital wallets with secure processing, real-time reconciliation, and detailed audit trails.
Partial payments processing
Hyperbots Payments Co-pilot supports flexible partial payments with configurable rules, accurate reconciliation, and detailed audit trails for transparency and compliance.
Reconciliations of invoices with bank payment transactions statements
Hyperbots Payment Co-pilot automates invoice-to-bank transaction reconciliation with AI-driven matching, anomaly detection, and real-time ERP updates for accuracy and transparency.
Reconciliations of cheques, status of cheque presentation, and invoices
Hyperbots Payment Co-pilot automates check reconciliation with real-time updates, anomaly detection, and audit trails, ensuring accuracy and compliance.
Fraud prevention
Hyperbots Payment Co-pilot prevents fraud with anomaly detection, duplicate payment checks, vendor validation, and secure audit trails for compliance and transparency.
GL posting of payments
Hyperbots Payments Co-Pilot integrates with ERPs to automate invoice posting and GL entries, performing read-back validations to ensure accurate double-entry book-keeping without manual intervention.
Remittance communication to vendors
Hyperbots Payment Co-pilot automates remittance communication with customizable templates, multi-channel delivery, and audit trails for transparent vendor interactions.
Notifications
Hyperbots Agentic AI generates contextual, real-time notifications throughout the entire accruals process—covering discovery, matching, workflows, GL coding, posting, and reversals—providing transparent updates, actionable insights, and timely user intervention opportunities.
Audit trails
Hyperbots Co-Pilot maintains a comprehensive audit trail capturing timestamps, actions, and data for every AI or human decision, ensuring full transparency for audits and reviews.
Pre-trained models
Hyperbots' payment processing Co-pilot, built on the Agentic AI platform, is pre-trained on bank statements and checks, ensuring quick integration, high accuracy, and adaptability to any reconciliation need from day one of going live.
Vendor portal
Hyperbots Payments Co-pilot provides real-time Payment status through a vendor portal, along with history, reports, and tools for collaboration with accounting staff on payments.
Multi-entity support
Hyperbots Payments Co-Pilot seamlessly integrates with multiple ERP systems and instances across various entities, providing a unified task view through Agentic AI and simplifying operations in complex, multi-ERP environments.
Unlimited access
Hyperbots Co-pilots offer unlimited user access at no extra cost, fostering collaboration and scalability without per-user licensing constraints.
Industry specific
Hyperbots Co-pilots provide industry-specific finance AI with tailored workflows, document handling, tax validations, and customizable features for efficient and precise processing across diverse sectors.
Company specific
Hyperbots Co-pilots enable quick, no-code customization for company-specific needs, from ERP integration to workflows and GL structures, ensuring tailored integration with its agentic AI.
Integrations
Hyperbots integrates seamlessly with ERPs and other systems, enabling real-time, exhaustive, secure, and scalable data exchange to support end-to-end AI automation.
24X7
Hyperbots Co-pilots work 24x7, automating tasks and notifying humans of exceptions, ensuring continuous productivity and efficient collaboration.
Human-in-the-loop
Hyperbots Co-pilots ensure seamless collaboration with humans through exception handling, approval workflows, actionable insights, and adaptive learning.
Process specific
Hyperbots Co-pilots use the Agentic AI platform's domain-specific training and collaborative agents to deliver tailored, scalable, and efficient process-specific automation.
Self learning
Hyperbots Co-pilots use self-learning to adapt to company-specific workflows, refine accuracy, and dynamically align with evolving business needs.
Intelligence elements
Hyperbots Co-pilots, built on the Agentic AI platform, leverage advanced capabilities like Redaction, OCR, LLMs, VLMs, MOE, Reasoning, Math Interpretation, Recommenders, and Predictive Engines to enable intelligent, efficient task execution.
Functional elements
Hyperbots Co-pilots encapsulate platform capabilities like Workflow, Notifications, Security, Analytics, SSO, and Observability, along with User Portals, Audit Trails, Mobile Apps, Permissions, and Roles, ensuring secure, configurable, collaborative, and auditable operations.
Ready to deploy
Hyperbots Co-pilots are ready-to-deploy, no-code solutions with pre-trained agents and ERP connectors, enabling rapid, tailored setup without third-party integrators.
AI-native
Hyperbots Co-pilots’ AI-native design ensures purpose-built precision and transformative productivity and value for finance operations.
Why Hyperbots Agentic AI Platform?
Finance specific
Hyperbots Agentic AI platform specializes exclusively in finance and accounting intelligence, leveraging millions of data points from invoices, statements, contracts, and other financial documents. No other platform has such large pretrained models on F&A data.
Best-in-class accuracy
Hyperbots achieves 99.8% accuracy in converting unstructured data to structured fields through a multimodal MOE model integrating LLMs, VLMs, and layout models. With contextual validation and augmentations, the platform ensures 100% accuracy for deployed agents.
Synthesis of unstructured and strutured finance data
Hyperbots agents emulate finance professionals to autonomously perform F&A tasks by reading and writing data like COA, expenses, and vendor masters from core accounting systems and integrating it with unstructured data from financial documents such as invoices, POs, and contracts.
Pre-trained agents with state of the art models
Hyperbots' Agentic platform, pre-trained on millions of financial documents like invoices, bills, statements, and contracts, ensures seamless integration, high accuracy, and adaptability to any accounting content, form, layout, or size from day one.
Company specific inference time learning
Hyperbots' Agentic platform employs state-of-the-art Auto ML pipelines with techniques like reinforcement learning to enable inference-time learning for tasks such as GL recommendation and cash outflow forecasting, ensuring continuous improvement and adaptability.
Ready to take the next steps?
Book a demo with one of our Financial Technology Consultants to get started!